Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 876.0 | 2,556.0 | 3,152.0 | 3,088.0 | 3,018.0 | 2,973.0 | 4,161.0 | 7,386.0 |
| Revenue growth | -65.7% | -18.9% | 2.1% | 2.3% | 1.5% | -28.6% | -43.7% | -19.6% |
| Cost of goods sold | 0.0 | 1,697.0 | 2,000.0 | 2,140.0 | 1,799.0 | 1,389.0 | 1,901.0 | 3,918.0 |
| Gross profit | 876.0 | 859.0 | 1,152.0 | 948.0 | 1,219.0 | 1,584.0 | 2,260.0 | 3,468.0 |
| Gross margin | 100.0% | 33.6% | 36.5% | 30.7% | 40.4% | 53.3% | 54.3% | 47.0% |
| General and administrative | 182.0 | 167.0 | 183.0 | 193.0 | 188.0 | 156.0 | 172.0 | 192.0 |
| EBITA | -41.0 | 140.0 | -121.0 | -253.0 | -1,139.0 | -2,610.0 | 1,203.0 | 3,204.0 |
| EBITA margin | -4.7% | 5.5% | -3.8% | -8.2% | -37.7% | -87.8% | 28.9% | 43.4% |
| Amortization of intangibles | | 220.0 | 215.0 | 187.0 | 112.0 | | | |
| EBIT | -41.0 | -80.0 | -336.0 | -440.0 | -1,251.0 | -2,610.0 | 1,203.0 | 3,204.0 |
| EBIT margin | -4.7% | -3.1% | -10.7% | -14.2% | -41.5% | -87.8% | 28.9% | 43.4% |
| Pre-tax income | -562.0 | -470.0 | -541.0 | -1,198.0 | -1,775.0 | -3,003.0 | 934.0 | 1,015.0 |
| Income taxes | 59.0 | 121.0 | 27.0 | 59.0 | 228.0 | 94.0 | 107.0 | 120.0 |
| Tax rate | | | | | | | 11.5% | 11.8% |
| Earnings from continuing ops | -621.0 | -592.0 | -567.0 | -1,255.0 | -1,996.0 | -3,127.0 | 778.0 | 863.0 |
| Earnings from discontinued ops | | | | | | | | 2.0 |
| Net income | -621.0 | -592.0 | -567.0 | -1,255.0 | -1,996.0 | -3,127.0 | 778.0 | 865.0 |
| Net margin | -70.9% | -23.2% | -18.0% | -40.6% | -66.1% | -105.2% | 18.7% | 11.7% |
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| Diluted EPS | ($0.89) | ($0.93) | ($0.92) | ($2.05) | ($4.26) | ($8.00) | $2.12 | $2.38 |
| Shares outstanding (diluted) | 699.0 | 637.0 | 615.0 | 612.0 | 468.0 | 391.0 | 367.0 | 363.0 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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